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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: September 15, 2010
"Gold fever": no safe bet
More and more buzz these days about gold fever. See: Gold Fever strikes mom and pop prospectors in US west “The poor economy and a record price of gold have renewed interest in prospecting in Western states where public lands … Continue reading
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Persistent after-shocks in housing and employment
A new study released on US housing today confirms there were 4 million homes listed with brokers for sale as of July. It would take a record 12.5 months for those properties to be sold at that month’s sales pace. … Continue reading
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Bloomberg hosts 2 "bears" this morning
Economists Gary Shilling and Nouriel Roubini were both guests on Bloomberg this morning. Both have been very adept in foreseeing the macro themes playing out in the world the past few years. You can watch the Shilling clip here and … Continue reading
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